Startup profile for DriveWealth: what they do, why they are interesting, stage (growth), industries, and links to our funding articles. Part of the Venture Capital Tracker startup directory.
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DriveWealth

API-based brokerage infrastructure for embedded investing — fractional trading and securities rails for fintechs and brands.

Stage

growth

Status

private

Coverage

full

Overview

DriveWealth provides API-based brokerage and clearing infrastructure enabling banks, fintechs, and consumer brands to offer securities trading and fractional investing. Founded in 2012 and headquartered at 97 Main Street, Chatham, New Jersey per SEC and FINRA filings. The company raised a $450M Series D in August 2021 at a $2.85B valuation, co-led by Insight Partners and Accel, with participation from Point72 Ventures, SoftBank Vision Fund 2, and others.

Why DriveWealth is interesting

Chatham, NJ fintech plumbing behind Cash App Investing, Revolut, and other embedded brokerage apps: DriveWealth's Aug 2021 Series D ($450M at $2.85B valuation, co-led by Insight Partners and Accel) shows NJ can host scaled capital-markets infrastructure — adjacent to Cross River's banking rails without being a chartered bank.

Product & use cases

DriveWealth's B2B platform lets partners embed securities trading, fractional shares, and advisory workflows via APIs — the brokerage layer behind many consumer investing apps.

  • Neobanks and wallets adding stock trading
  • Consumer brands embedding fractional investing
  • Wealth platforms needing API-first brokerage infrastructure

Key facts

  • HQ: 97 Main Street, Chatham, NJ (SEC/FINRA filings)
  • Aug 2021 Series D: $450M at $2.85B valuation (DriveWealth press)
  • API brokerage rails for fintechs, neobanks, and consumer brands globally
  • Co-led by Insight Partners and Accel; Point72 and SoftBank Vision Fund 2 participated

Fundraising history

Series D

2021-08 $450M

Source: https://www.drivewealth.com/2021/08/drivewealth-raises-450m-series-d-valuing-the-company-at-2-85b-2/

Investors in our directory

Funds linked from DriveWealth's profile — open a fund page for stage focus and related deal articles.

Insight Partners

Competitive landscape

Edge: Regulated broker-dealer plus API distribution — partners ship investing features without building clearing and compliance from scratch.

  • Alpaca direct

    API brokerage infrastructure for fintechs.

  • Apex Fintech Solutions direct

    Clearing and custody for embedded investing.

  • Interactive Brokers RIA/custody adjacent

    Institutional custody alternative, less API-native.

Industries

Fintech

Related funding articles

Venture Capital Tracker pieces that cover DriveWealth's financing or category context.

FAQs about DriveWealth

Practical answers founders, operators, and investors typically search for.

API-based brokerage infrastructure — fractional trading and securities rails that fintechs and brands embed in their apps.
Chatham, New Jersey (97 Main Street per SEC/FINRA records). Curated to the Newark / Jersey City hub as NJ fintech infrastructure.
No — it is B2B infrastructure. End users typically interact through partner brands (neobanks, wallets, wealth apps) powered by DriveWealth rails.
The $450M Series D (Aug 2021, $2.85B valuation) was co-led by Insight Partners (/fund/insight-partners) and Accel, with Point72 Ventures and SoftBank Vision Fund 2 among participants.
Cross River is a chartered bank for lending/payments BaaS; DriveWealth is a broker-dealer API for securities trading. Both are NJ fintech plumbing — different licenses.
Chatham, NJ HQ matches our New Jersey scope. We do not list Manhattan-only fintechs here.
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Last updated: 2026-07-29